Form 4 for GTLB Gitlab Inc.
Accepted 2025-03-19 00:00:00 ET · period of report 2025-03-17 · accession 0001628280-25-013858 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-19 | 2025-03-17 | GTLB | Schulman Robin | CLO, Corp Sec | M - OptEx | $0.00 | +5,699 | 127.6K | +5% | $0 |
| D | 2025-03-19 | 2025-03-17 | GTLB | Schulman Robin | CLO, Corp Sec | F - Tax | $51.74 | -6,128 | 121.5K | -5% | -$317.1K |
| D | 2025-03-19 | 2025-03-17 | GTLB | Schulman Robin | CLO, Corp Sec | M - OptEx | $0.00 | -5,699 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-03-17 | M | A | 5,699 | $0.00 | 127,592 | D | — | — | (F1) Represents the number of Performance Stock Units ("PSU") released upon achievement of the award. (F2) The achieved award vests in equal twenty-five percent (25%) increments over four quarters subject to continued services to the issuer on each vesting date. |
| 2 | Common | Class A Common Stock | 2025-03-17 | F | D | 6,128 | $51.74 | 121,464 | D | — | — | (F3) Represents shares of GitLab Inc.'s Class A Common Stock sold to satisfy the reporting person's tax obligations arising as a result of the vesting of restricted stock units and PSUs. (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.26 to $52.20, inclusive. The Reporting Person undertakes to provide to GitLab Inc., any security holder of GitLab Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. (F5) Includes shares of Class A Common Stock that have not yet vested. |
| 3 | Derivative | Performance Stock Units | 2025-03-17 | M | D | 5,699 | $0.00 | 0 | D | — · — to — | 5,699 Class A Common Stock | (F2) The achieved award vests in equal twenty-five percent (25%) increments over four quarters subject to continued services to the issuer on each vesting date. |